BundleDao is a newly, fair-launch yield farming protocol where users can build their Portfolio using “Bundles” to invest in a large group (sectorized) crypto-assets. These Bundles will have underlying strategies implemented to earn the owner passive yield. In addition to that users can stake their Bundles in order to provide liquidity and earn extra yield in form of “BDL” tokens. The Bundle Token (BDL) is the native governance token which will in future be used to create and vote on proposals.

Bundles:

You can think about a Bundle like a traditional ETF, a group of stocks which represent a certain sector or economic region. In Bundles there are many different crypto-assets which represent a certain sector of Blockchain´s or applications and tokens.

Bundles can be bought and freely traded between users however it is minting is the better option due to low liquidity. Minting can be either done by using easy mint which just requires BUSD in addition you can also mint if you already own the underlying assets of a certain Bundle.                     

When it comes to selling Bundles, you can either sell it on the open market taking the market price (which can have a premium or discount) or you redeem the underlying assets. 

Currently there are three available Bundles and many more to come:

bStable:

An index which tracks the 4 most popular Stable coins (USDT, DAI, BUSD, USDC) in equal weights.

bChain:

An index which tracks 5 market leading chains and high market-cap protocols (BTC, ETH, BNB, ADA, DOT) in different weights.

bDeFi:

An index which tracks popular DeFi protocols and oracle providers (UNI, SUSHI, CAKE, BIFI, CREAM, LINK, ALPACA, COMP, MIR) in different weights.

Many more Bundles are to come and holders of the governance tokens will have the ability to influence the crypto-assets underlying a Bundle and their weight.

Staking:

Bundles can be staked in combination with BUSD to earn yield in form of the BDL token in addition to that users are able to stake their BDL tokens in combination with BNB to earn even more yield on their generated BDL tokens.

The current staking options are:

(All LP is (50%/50%) of each asset)

BDL-BNB

bStable-BUSD

bChain-BUSD

bDeFi-BUSD

Possibilities:

Bundles provide a great solution to build a passive yield earning portfolio without having too much exposure to ONE certain asset. This helps to adjust the risk of a portfolio while not giving up rewards. And when the market conditions start to shift downwards you can easily move your funds into the bStable index and use it to generate extra yield with the staking option.

Socials of BundleDao: 

Website: https://bundledao.org/

Twitter: https://twitter.com/bundledao

Telegram: https://t.me/bundledao

Discord: https://discord.gg/gMpPwXQ9

Docs: https://docs.bundledao.org/bundle-dao/

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